CAG's reports on aviation, power waiting for debate: Sharad Yadav | india | Hindustan Times
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CAG's reports on aviation, power waiting for debate: Sharad Yadav

india Updated: Oct 09, 2012 15:19 IST
HT Correspondent
HT Correspondent
Hindustan Times
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Amid a series of scams that have rocked the Parliament in recent times, Janata Dal (U) national chief Sharad Yadav said two more reports of the comptroller and auditor general of India (CAG) on aviation and power sector, already been tabled in the Parliament, are waiting for debate. The debate is yet to be taken up on the CAG's reports in the Parliament on both these sectors, he said.

Over the recent decision of the United Progressive Alliance (UPA) on foreign direct investment (FDI) in insurance sector, he said this decision would mar the interest of the Life Insurance Corporation of India (LIC), a credible institution.

Some 25-26 crore people, mostly poor and who do their business honestly, would be affected from the UPA government's decision on FDI in retail sector, the JD (U) leader said. Only 3% people of these many have permanent shops while the rest carry out their work from the haat bazaars and other market places, he said.
The foreign investment is a targeted entry in the 2,500-year-old established market of the country and was never attracted towards infrastructure development including roads, Yadav told a press conference here.

In the first century the contribution of the country to the world's gross domestic product (GDP) was 32.9%, in the 15th century it was 24.5% and China's was 25%, in the 17th century it was 24.4% and after 65 years of post independence period now it is 5.5%, he said.

The JD (U) chief further said 82 types of mineral ores are found in the country, which has the third largest natural mineral resources in the world. In the last few years, especially iron ore has been sold out at a cheaper price without waiting for prices to soar in the international market, which has caused losses to the government exchequer, he said. Iron ore is mined on a large scale in Karnataka, Jharkhand, Orissa, Sihora (Madhya Pradesh), he said.

Congress chief Sonia Gandhi should have taken action at the party level against Subodh Kant Sahai, Vijay Darda, Naveen Jindal on moral grounds since any political party is voted to power by the people and it has certain responsibilities toward the people, said Yadav. Adding, that his party, JD (U), does not tolerate indiscipline and any allegation would force it to take action against its leaders. He mentioned that a couple of weeks ago two-three members of Parliament from Bihar who acted against the party's interest were suspended and are facing probe.

Taking strong view of the growing attitude of people toward superstition and following various religious babas and sadhvis like Radhe ma, Nirmal Baba and Swami Nityanand, Yadav said the country could not progress without scientific temper and we are dependent for technology on the West and Europe.
Yadav also accused the civil society activists for not raising the issue of FDI in the public and diverting attention of the public toward smaller issues. He denied entry of West Bengal chief minister Mamata Banerjee into the National Democratic Alliance (NDA), adding giving support to her against FDI in retail sector was in the country's interest.